UPDATE 2-US banks, brokers shares fall on subprime woes

(Reuters) - NEW YORK, July 10 - The shares of U.S. commercial
and investment banks fell on Tuesday after two bond rating
agencies started to downgrade billions of dollars of securities
backed by subprime bonds, triggering concerns that bond sales
and lending businesses could slow.




Declines were led by banks perceived to have high exposure
to mortgages and other fixed income businesses, including
Lehman Brothers Holdings Inc. , which fell 5 percent,
and Bear Stearns Cos. , which fell as much as 4.1
percent.


Read more at Reuters.com Bonds News

Canadian Stocks May Fall From Record on Oil, Metals; EnCana, Teck May Drop

(Bloomberg) -- Canadian stocks may retreat for the
first time in five days, as falling commodity prices drag down
energy and raw-materials companies including EnCana Corp. and Teck
Cominco Ltd.

Declines in the market may be limited as shares of such
industrial companies as Bombardier Inc. are boosted by reports of
strong demand for civil aircraft from the Paris Air Show.


Read more at Bloomberg Stocks News